Kenyan tycoon Edward Kirathe’s Acorn to delist $44.2-million green bond from NSE
Acorn’s portfolio under Edward Kirathe includes 17,000 beds in 17 student housing properties, with an additional 6,000 beds under development.
Acorn’s portfolio under Edward Kirathe includes 17,000 beds in 17 student housing properties, with an additional 6,000 beds under development.
Acorn Holdings, led by Kenyan real estate magnate Edward Kirathe, expands student housing with new land acquisition in Eldoret.
The company’s decision to reward its unit holders comes after declaring its first distribution from its development Reits, marking a significant increase from the initial projection.
Kirathe’s influence in Kenya’s real estate sector spans 25 years, making him a prominent figure in the East African real estate domain.
Established in 2001 by Kirathe, Acorn Holdings Africa has completed over 65 projects during its two-decade tenure.
Kirathe, a top figure in Kenya’s real estate sector, boasts an extensive 25-year experience in the East African real estate domain.
The company raised the bond from Kenyan pension funds, banks and reinsurance companies.